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  • K&L Gates Advises on Acquisition of EUR 280 Million European Loan Portfolio

    K&L Gates has advised global credit manager Marathon Asset Management on the acquisition of a EUR 280 million continental European commercial property loan portfolio from Lloyds Banking Group.

    Known as Project Aberdonia, the transaction covers a portfolio secured by 82 properties primarily in France and Germany, and follows last year’s acquisition by Marathon Asset Management of the Lloyds Project Chamonix loan portfolio.

    A K&L Gates team of 18 lawyers across five offices advised Marathon Asset Management on the transaction. The team was led by London Partner and co-leader of the firmwide Finance practice area Andrew Petersen, with support from lawyers in London (Partner Paul Matthews, Senior Associates Tom Armstrong and Katie Simmonds, Associate James Buncle, and trainee solicitors Oliver Howard, Stephen Nicolas, Deirdre Treacy, and William Turner), Paris (Partners Edouard Vitry and Bertrand Dussert, Counsel Joanna Klat, and trainee lawyer Deborah Salfati), Brussels (Partner Jeroen Smets), Berlin (Partner Georg Foerstner and Associate Anja Rosch), and Warsaw (Partner Halina Wieckowska and Associate Joanna Gasowski).

    Petersen stated: “This is the latest loan portfolio acquisition handled by our real estate structured finance practice, illustrating not only our market leading position in acquiring non-performing debt but also how adept we are at handling complex international mandates across our European network.”

     

  • Musat & Asociatii Makes Four New Partners

    Musat & Asociatii announced today that four more lawyers have joined its partnership ranks.

    The four are Madalina Berechet, Madalin Enache, Iulian Iosif, and Razvan Graure, all former Managing Associates within the firm. Graure was appointed to co-head the firm’s Tax practice, while Enache will co-head the Business Penal Law practice. This promotion round brings the firm’s partnership number to 20.

    Berechet is a litigator with over 10 years of experience in civil and commercial litigation. She has represented firms in litigations related to real estate and construction, banking, energy, utilities, PPP and infrastructure, tax, and restructurings and insolvency.

    Enache focuses on Business Penal law and has represented clients in the IT/TMT, banking/finance and capital markets, pharmaceutical, real estate, energy, and utilities industries.

    Iosif specializes in insolvency work. He advises clients in both pre-insolvency and insolvency/bankruptcy prevention procedures as well as debt recovery. He also advises on corporate restructurings, labor law and general corporate matters.

    Graure has over 12 years of experience working primarily in tax. He is a member of the ACCA and an Authorized Fiscal Consultant, and has advised clients in a variety of industries such as FMCG, retail, automotive, and energy.

    According to Mona Musat, Managing Partner of Musat & Asociatii, a promotion to Partner is by far “the strongest proof of trust and the most sincere reward” that a firm can offer its lawyers. She further stated that these promotions are meant to acknowledge the four’s input towards the successes and growth of their practice areas within the firm.

     

  • Dentons Advises BlackRock on Real Estate Sale

    The Dentons Real Estate team in Poland has advised BlackRock’s Real Estate division on the sale of the Rondo 1 office building in Warsaw to Deutsche Asset & Wealth Management’s real estate business.

    The Rondo 1 office complex was developed in 2006 and consists of a 40-story glass tower and an associated 10-story building located in the center of Warsaw. 

    The Dentons team was led by Partner Pawel Debowski and Senior Associate Maciej Jodkowski. Debowski, Co-Chairman of the Global Real Estate team for Europe, said: “We are pleased to have assisted BlackRock Real Estate on the sale of what is one of the most prestigious office towers in Poland and Central and Eastern Europe, as well as in the entire investment cycle of Rondo 1. Our team advised MGPA on the acquisition of this building from London & Regional in 2006/2007 and we were thrilled that BlackRock Real Estate selected us as legal counsel for this successful exit.”

     

  • EPAM Appoints Head of St. Petersburg Office

    Egorov Puginsky Afanasiev & Partners (EPAM) has announced that Russian lawyer Ivan Smirnov has been appointed Managing Partner of the firm’s St. Petersburg office.

    Before joining EPAM in 2011, Ivan was Head of Litigation and Tax at Baker & McKenzie in St. Petersburg focusing on various tax, commercial, antimonopoly, and dispute resolution issues. He was also Head of Litigation and Tax at DLA Piper in St. Petersburg and legal and tax expert at Ernst & Young, among other previous positions. In 2011 Smirnov joined EPAM’s Moscow office as Head of the Regulatory Department and Partner in the firm’s Litigation group. 

    In his new role, Smirnov will focus on broadening the client base and the range of services, primarily by working to attract clients from the northwestern part of the country. He is also expected to to expand the firm’s Dispute Resolution practice in St. Petersburg. Smirnov is enthusiastic about the opportunity. “I’m grateful to the firm’s Partners Committee for their choice. New service, its quality and new opportunities for our clients both locally and on the federal level, combined with further strengthening of our current leading positions in complex dispute resolution are to become the hallmark of the firm’s St. Petersburg office.”

    EPAM Managing Partner Ilya Nikiforov, who until recently combined the roles of the St. Petersburg office Managing Partner and the Firm’s Managing Partner, will now focus on the firm’s global management issues, splitting his time between Moscow and St. Petersburg. As the Firm’s leading expert on international arbitration, Nikoforov will also focus on business and client development opportunities in that area.  

    Of Smirnov’s appointment, Nikoforov said: “During his time with the firm, Ivan has gained a reputation as an efficient and business-oriented Partner. He is enthusiastic and full of new ideas, and I am confident that in light of the new ambitious tasks we are facing, especially those associated with the Supreme Court’s settling in St. Petersburg, Ivan will succeed as the head of the firm’s St. Petersburg office.”

     

  • Fort Adds Team in the Baltics

    The Riga office of the Krodere & Judinsky law firm has joined the Baltic Fort law firm, formed at the end of 2013 by merger of the Estonian Nordeus and Latvian Adversus law firms, along with a team from the Lithuanian Pavlov & Mamontovas law firm.

    The addition of the team from Krodere & Judinska law firm (the entire office except Ineta Krodere–Imsa, who did not join the team in moving) gives Fort a total of 18 lawyers in the Latvian capital. Ieva Judinska-Bandeniece, Brigita Terauda, Ramona Tiltina, Uldis Judinskis, and Legal Assistant Inga Grauzina bring expertise in intellectual property issues (including copyrights and trademarks), banking and finance law, mergers and acquisitions, and general corporate and commercial law. 

    “Merging with Fort will provide us an opportunity to develop more rapidly, serving clients in all three Baltic States and Belarus. Furthermore, it will give us a chance to work on major projects where we could not get involved before due to the relatively small team. I am sure that, by integrating the teams, we will be able to provide the clients with services of higher quality on international level as well,” said Judinska-Bandeniece.

  • Dentons Takes Partner from Baker Botts

    Dentons has announced that Dominic Pellew, formerly a partner with Baker Botts, has joined the firm as a Partner in the International Arbitration Group, sharing his time between the London and Moscow offices.

    Pellew is dual-qualified as a solicitor in England and as an avocat in France. He is fluent in Russian, and is recognized as one of the counsel and arbitrators of choice in “East/West” international arbitrations, particularly those having a Russian or CIS component.

    Dominic said of his move to Dentons that the firm is, “the perfect fit for me.” He continued that “I have known the arbitration team for years. The Russian and CIS network is second to none, and their market-leading reputation for energy work makes Dentons the ideal platform for someone with my profile.”

    Jean-Christophe Honlet, co-head of Dentons’ International Arbitration group in Europe, said of the addition that, “We have known Dominic for a long time. He is a truly experienced and respected attorney in international arbitrations having a Russian or CIS angle. He brings together arbitration knowledge and language skills that few can match on that segment of the market. In light of Dentons’ depth in Russia and the CIS, it was only a matter of time before our paths would come together.”

     

  • NNDKP Hires New Business Development Manager

    Nestor Nestor Diculescu Kingston Petersen (NNDKP) announced today that it had consolidated its Marketing and Business Development department by hiring Anca Toma to lead the team as Business Development Manager.

    Toma has approximately ten years of experience in managing business development activities for international law firms, consultancy firms, and financial institutions, and NNDKP announced the she “will help develop customized tactics for optimum relationship management of NNDKP’s clients.”

    Toma is a graduate of Brasov’s Transilvania University Management School. Before joining NNDKP, Toma worked for four and a half years at White & Case’s Romania office, until the firm closed its doors and withdrew from the markets several months ago. Before White & Case Toma worked in Marketing and Business Development roles at CLAL Romania, Ernst & Young, and BRD Sogelease.

     

  • S&K Partner Named President of Latvian AmCham

    Spigulis & Kukainis Partner Matiss Davis Kukainis has been elected as Chairman of the Board and President of the American Chamber of Commerce in Latvia.

    Eriks Eglitis, Country Manager of Microsoft Latvia, Ingrida Karina-Berzina, Partner at Raidla Lejins & Norcous, Arnis Kakulis, Director of AECOM, and individual member Janis Meija were elected as Vice Presidents for one year.

    Kukainis has served on the Board since 2008 and has been Vice President since 2010. In addition to being a sworn advocate / licensed attorney in Latvia, he is also a licensed attorney in the state of Illinois, in the United States, and is a dual citizen of both countries.

    According to Kukainis, his goal as the new President is to “maintain the Chamber as a leading forum where the business community of Latvia can exchange ideas, connect with decision-makers, encourage transparency and promote a positive business and investment climate in Latvia, and also foster an environment where people want to live, work and raise their families.”

     

  • HFW Adds New Partner in Greece

    Holman Fenwick Willan has promoted Jasel Chauhan to Partner in the firm’s Piraeus office.

    Chauhan specializes on corporate shipping and finance matters, including ship finance, joint ventures, hire purchase and leasing transactions, corporate restructuring and reorganization, shipping investment funds, shipbuilding and builder credits, interest rate and currency derivatives and security enforcement. He has also been involved in several high profile restructurings of Greek-based shipowners and managers in recent years. Prior to joining HFW, Jasel trained and then practiced at Nabarro as a general banking and finance solicitor with particular focus on property finance, acquisition finance, asset-based lending and securitization. 

    Along with Chauhan’s promotion, the firm promoted another five lawyers to Partner in the firm’s London office. Richard Crump, HFW’s Senior Partner, said: “As we continue our strategy of growth in our core sectors, we are delighted to welcome to the partnership these high-calibre individuals, with the range of skills they bring. We are particularly pleased that we are seeing talent from across the firm come through the ranks, as we continue to strengthen the services we are able to offer clients.”

     

  • IP in Belarus: Trademark Use in Domain Names

    IP in Belarus: Trademark Use in Domain Names

    Trademark infringement cases are becoming more and more frequent in the Intellectual Property Chamber of the Supreme Court of the Republic of Belarus, which started operating in March 2000. This Chamber is the only court in Belarus empowered to consider disputes relating to intellectual property, irrespective of the subject and parties involved. And as of 2012, patent attorneys have been entitled to represent clients there. The Chamber’s decisions come into force immediately after their announcement and are not subject to appeal. They may be reviewed only by way of supervision, upon protests of higher officials of the Supreme Court or the Prosecutor’s Office.

    According to Article 20.1 of the Belarusian Trademark Law, use of a trademark on the Internet (including domain names) by the owner of the trademark or by any person to whom the right to use the trademark has been granted shall be deemed to constitute use of the trademark. In case of unlawful trademark use the Belarusian Trademark Law provides for such traditional remedies as injunction and compensation for damages.

    More than 36,000 domains were registered with a .BY domain name in 2013. Belarus has taken a leading position in national Internet segment development. There are 5 domain registrars, and it is possible to check a domain name’s availability at each registrar’s site.

    Domain names are not protected as intellectual property in Belarus. Information about the owner of the infringing domain can be obtained via Whois service. And although some domain owners choose to have their identities concealed, Whois provides allows for messages to be sent to them. This option helps trademark owners forward cease and desist letters. And from our experience we know that  unauthorized trademark users who receive such messages often choose to assign infringing domain names to legitimate trademark owners. 

    Domains with a .BY domain name have already been involved in several court cases. One of the published decisions regarded the domain “kosht.by”. The plaintiff in the case was the owner of the trademark for services of class 35 of the International Classification of Goods and Services. The defendant, a Belarusian natural person, had registered the domain name “kosht.by” in his name before the date of trademark registration, however – and had himself applied to trademark the name “kosht.by” for the services of class 43 of the International Classification of Goods and Services. The defendant was using the “kosht.by” domain name on the Internet as an additional domain name for the sites sushi.by and pizza.by that offered food delivery services (mainly sushi and pizzas). When the action was filed and the defendant learned there was a case against him, however, the kosht.by site was deleted.

    Nonetheless, the plaintiff asked the court to prohibit the defendant’s use of the domain kosht.by. The Chamber acknowledged the infringement of trademark rights, although Trademark Law does not expressly list “use in domain name” among potentially infringing actions, but only among forms of trademark use by the owner.

    The Chamber’s decision was based on the similarity of services in the  trademark registration (class 35) and those offered at the websites sushi.by and pizza.by to which domain kosht.by redirected, as the services coincided in purpose and use and were meant for the same consumers.

    One of the most distinctive features of Belarusian trademark protection concerns registration of a domain name after it has been eliminated from the domain register. In these circumstances a domain name can be registered in the name of a  new owner only after a charity auction is conducted by the technical administrator of the national domain zone (since 2012 the technical administrator in Belarus has been “Reliable Software, Inc.”). If nobody is interested in the domain name after 2 auctions, the technical administrator returns it to the register, making it available for registration on general grounds. The first such charity auction commenced in 2012.

    The technical administrator has the right not to put domain names identical or confusingly similar to registered trademarks up for auction. These domains can be registered in the name of the trademark owner who proves the exclusive right to the trademark.    

    By Darya Lando, Head of Legal Department, LexPatent, Minsk

    This Article was originally published in Issue 1 of the CEE Legal Matters Magazine. If you would like to receive a hard copy of the magazine, you can subscribe here.